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PUTRAJAYA, Sept 23 (Bernama) — The MADANI government will allocate approximately RM11 billion to cover the difference between the subsidised price of RM1.99 per litre and the unsubsidised pump price of around RM2.60 per litre under the BUDI MADANI RON95 (BUDI95) fuel subsidy initiative.
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SHAH ALAM, Sept 23 (Bernama) – Malaysia remains on track to meet this year’s budget deficit target of 3.8 per cent of gross domestic product (GDP) with the rollout of the BUDI MADANI RON95 (BUDI95) targeted subsidy programme, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
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By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 22 (Bernama) -- The rationalisation of RON95 subsidies marks a landmark in Malaysia’s structural reform journey, with the reduction in subsidy expenditure expected to help narrow the fiscal deficit and improve the government’s debt dynamics, said an economist.
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By M.Saraswathi
KUALA LUMPUR, Sept 19 (Bernama) -- Three awards at the prestigious Enlit Asia 2025 international conference and exhibition in Bangkok recently reaffirm Tenaga Nasional Bhd’s (TNB) leadership in innovation and sustainability in the power and energy sector.
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KUALA LUMPUR, Sept 18 (Bernama) -- CIMB Investment Bank Bhd expects a budget deficit of 3.6 per cent of gross domestic product (GDP) for Malaysia in 2026, with the government revenue expanding by four per cent to RM353.3 billion in 2026.
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KUALA LUMPUR, Sept 18 (Bernama) -- GX Bank Bhd aims to empower 10,000 micro, small and medium enterprises (MSMEs) through its Jaguh Niaga initiative.
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KUALA LUMPUR, Sept 17 (Bernama) -- SG Entertech Co Ltd, a South Korean Virtual Reality (VR) startup, has announced the global launch of Snack VR, an innovative VR mini-platform for international markets.
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KUALA LUMPUR, Sept 17 (Bernama) -- The upcoming Budget 2026 is expected to continue focusing on modest fiscal consolidation even as external headwinds build, according to OCBC Bank.
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KUALA LUMPUR, Sept 10 (Bernama) -- The lower Overnight Policy Rate (OPR) is expected to support homeownership affordability through reduced debt servicing costs, according to the Ministry of Finance (MoF).
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KUALA LUMPUR, Sept 10 (Bernama) -- Malaysia is on track to secure over RM169.2 billion in artificial intelligence (AI) and data centre investments by 2030, according to new research from global talent solutions partner Robert Walters.
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SHAH ALAM, Sept 8 (Bernama) -- UMW Toyota Motor (UMWT) recorded solid sales in August with 9,083 units delivered, bringing its year-to-date total to 62,246 units.
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KUALA LUMPUR, Sept 8 (Bernama) -- Malaysia has at least 4,100 electric vehicle (EV) charging points nationwide to cater to the growing demand for EVs, said Deputy Prime Minister Datuk Seri Fadillah Yusof.